Previous Year Question From Economy Current Affairs

Previous Year Examination Questions on Economy:

Have look on various examination question asked from economy section in different competitive examination held in last years through the country.

No

Question

Answer

Exam Name

Held On

Question From

1

As consumer banking funds are on the rise , a Reserve Bank of India (RBI) group has suggested the use of PKI in order to regulate payment system in the country The abbreviation PKI stands for?[A]Public Key Inf- rastructure[B]Personnel Key Inf- rastructure[C]Private Key Inf- rastructure[D]Per Key Infrastructure

[E]Proprietary Key Inf- rastructure

A

SBI Probationary Officer Online Exam

28–06–2014

February

2

RBI issued the permission to Muthoot finance to set up—-?

White label ATM

IBPS-PO

18–10–2014(FN)

February

3

What was the number of PSBs(Public Sector Banks)in India as of 31 March 2014?[A] 21[B] 24[C]26[D]28

[E]32

C

IDBI Exam

22–08–2014

March

4

Which of the following public sector bank is the first bank to launch “cardless cash” withdrawals from “ATMs” by march 2014?

The Reserve Bank of India (RBI) has set a minimum paid-up capital of ——-crore for those who wish to set up payments and small banks?

Rs.100

IBPS-PO

12–10–2014(FN)

July

11

The leaders of Brazil, Russia, India, China and South Africa (otherwise known as the BRICS) launched a development bank on 17 July 2014.What is the name of the Bank?

New Development Bank

IBPS-PO

12–10–2014(FN)

July

12

Which of the following information technology companies recently be came the first Indian firm to cross Rs 5 lakh crore market capitalization?[A] TCS[B] Infosys[C] Wipro[D] HCL Technologies

[E] Tech Mahindra

A

IBPS RRBs Scale-ICWE

06–09–2014

July

13

What is the benefit of Jan Dhan Yojana Account?

Overdraft Loan in Bank Account

IBPS-PO

19–10–2014(FN)

August

14

RBI increased PPF limit from 1 lakh to how many lakhs?

1.5 lakh

IBPS-PO

18–10–2014(FN)

August

15

Insurance Cover in Pradhana Mantri Jan Dhan Yojna is?

Rs.30,000

IBPS-PO

12–10–2014(FN)

August

16

Which car’s company recently insisted by RBI to mandate a two step mobile authentication for e-commerce?

Car rental company-UBER

IBPS-PO

12–10–2014(FN)

August

17

According to third bi-monthly credit policy review held on 5th August 2014, how much percent of rapo rate fixed by RBI?

8%

IBPS-PO

12–10–2014(FN)

August

18

RBI limited ATM facility on 5 cities, who are not come under this term?

BSBDA account holder

IBPS-PO

12–10–2014(FN)

August

19

The Reserve Bank of India recently proposed “anytime anywhere “ bill payment system.With reference to it , which of the following statement is correct?[A] The Centralized bill payments infrastructure will consist of two types of entitiesB] It will function as a tiered structure for operating the bill payment system[C] It will be known as Indian Bill Payment System(IBPS)[D] Both 1 and 2